Shares of Cracker Barrel Old Country Store Inc (NASDAQ:CBRL) are up 8.4% at $46.40 at last glance, after Truist Securities upgraded the stock to "buy" from "hold," with a price-target hike to $55 from $51.
Consumers are shifting their morning routines, recent data shows. This comes as prices for eggs and coffee, two staples of breakfast in the U.S., remain at record highs.
CBRL's second-quarter fiscal 2025 results benefit from its strategic efforts to enhance profitability in off-premise channels during the busy holiday season.
Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL ) Q2 2025 Earnings Conference Call March 6, 2025 11:00 AM ET Company Participants Adam Hanan - Director of Investor Relations Julie Masino - President and CEO Craig Pommells - SVP and CFO Conference Call Participants Jeff Farmer - Gordon Haskett Research Advisors Todd Brooks - The Benchmark Company Katherine Griffin - Bank of America Alton Stump - Loop Capital Markets Andrew Wolf - CL King Jon Tower - Citigroup Larson Rice - Truist Securities Operator Good morning, and welcome to the Cracker Barrel's Second Quarter Fiscal 2025 Result Conference Call. All participants will be in listen only mode.
The headline numbers for Cracker Barrel (CBRL) give insight into how the company performed in the quarter ended January 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Cracker Barrel Old Country Store (CBRL) came out with quarterly earnings of $1.38 per share, beating the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $1.37 per share a year ago.
Shares of restaurant chain Cracker Barrel (CBRL 6.70%) have been steadily sliding downwards since early 2021. And on Wednesday, the stock was trading close to its lowest price in over a decade.
CBRL's fiscal second-quarter performance is likely to have benefited from menu innovation, optimized pricing initiatives and store remodels.
Cracker Barrel (CBRL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LEBANON, Tenn. , Feb. 20, 2025 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL) will provide a real-time webcast and rebroadcast of its second quarter earnings conference call on Thursday, March 6, 2025, beginning at 11:00 a.m.